Pick of the Week – Nbhd of Prospect Park

This week we are keeping the spotlight on inventory. With the Green Line (FKA “Central Corridor”) opening this Saturday, Prospect Park and other University Avenue neighborhoods are surrounded by new sights, sounds and opportunities. Some of those new sights and opportunities include more homes for sale on the market. In fact, while metro-wide inventory levels were up 6.1 percent in May, the number of active listings in Prospect Park increased 25.0 percent. As rising prices continue to lift some homeowners out from underwater, more owners have the opportunity to sell and move up the housing chain, thereby further freeing up much-needed inventory at the more affordable end of the market. | MORE INFO